519 N Alexandria Avenue, Los Angeles, CA 90004
Local realty services provided by:Better Homes and Gardens Real Estate Clarity
519 N Alexandria Avenue,Los Angeles, CA 90004
$1,175,000
- 5 Beds
- 3 Baths
- - sq. ft.
- Multi-family
- Pending
Listed by:carlos borraez
Office:keller williams r. e. services
MLS#:GD25175188
Source:San Diego MLS via CRMLS
Price summary
- Price:$1,175,000
About this home
Fantastic investment opportunity located in one of the most desirable pockets of Hollywood. This unique property consists of two large units totaling over 3,000 square feet in the character-rich main building, originally constructed in 1922, along with a detached one-bedroom house built in 1947. Positioned on a sloped lot, the property offers Pick-a-boo views of the surrounding city and skyline. The location is exceptionally convenientjust minutes from major thoroughfares, freeway access, and downtown Los Angelesmaking it highly attractive to future tenants or end-users alike. The property may need some fixing as current ownership has lived on the property for over 30 Years. With pro forma figures showing a GRM around 10x and a projected CAP rate of approximately 6.7%, the financial potential here is significant. Additionally, the property includes a three-car garage with excellent ADU conversion potential, creating an opportunity to increase returns even further. Some updates are needed, but the solid structure, generous unit sizes, and unbeatable location provide a strong foundation for long-term appreciation and income. A rare find in today's marketideal for investors, owner-users, or developers seeking value-add upside in a prime Hollywood location.
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Home facts
- Listing ID #:GD25175188
- Added:64 day(s) ago
- Updated:October 11, 2025 at 07:29 AM
Rooms and interior
- Bedrooms:5
- Total bathrooms:3
Finances and disclosures
- Price:$1,175,000
This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2020 San Diego MLS®, Inc.New listings near 519 N Alexandria Avenue
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